Hycroft Mining Holding Co. (NASDAQ:HYMC) Short Interest Down 20.1% in March

Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 1,190,000 shares, a decline of 20.1% from the March 15th total of 1,490,000 shares. Based on an average daily volume of 207,100 shares, the days-to-cover ratio is currently 5.7 days. Currently, 5.9% of the shares of the stock are short sold.

Institutional Trading of Hycroft Mining

A number of hedge funds have recently bought and sold shares of the company. Virtu Financial LLC boosted its stake in Hycroft Mining by 59.9% in the 3rd quarter. Virtu Financial LLC now owns 27,305 shares of the company's stock worth $68,000 after purchasing an additional 10,228 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Hycroft Mining by 40.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 31,000 shares of the company's stock valued at $69,000 after buying an additional 9,000 shares in the last quarter. Global Retirement Partners LLC acquired a new position in Hycroft Mining during the fourth quarter valued at $92,000. Northern Trust Corp lifted its stake in Hycroft Mining by 55.8% in the 4th quarter. Northern Trust Corp now owns 42,241 shares of the company's stock worth $93,000 after acquiring an additional 15,124 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Hycroft Mining by 14.8% during the 4th quarter. Renaissance Technologies LLC now owns 86,679 shares of the company's stock worth $192,000 after acquiring an additional 11,200 shares during the period. 7.38% of the stock is owned by hedge funds and other institutional investors.

Hycroft Mining Trading Up 1.3 %

HYMC stock traded up $0.04 on Thursday, hitting $3.41. 31,328 shares of the company's stock traded hands, compared to its average volume of 228,095. The stock has a market cap of $85.29 million, a price-to-earnings ratio of -1.27 and a beta of 2.10. Hycroft Mining has a 1-year low of $1.95 and a 1-year high of $4.02. The stock has a fifty day moving average of $2.90 and a 200-day moving average of $2.53.

Hycroft Mining (NASDAQ:HYMC - Get Free Report) last issued its earnings results on Wednesday, March 12th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.02).

Hycroft Mining Company Profile

Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.